Energy

Portugal’s minister of Finances estimates that the windfall tax on energy and food distribution companies will net the treasury “several tens of millions of euros”. Fernando Medina has rebuffed [...]

The price of agricultural produce in Portugal will continue to rise even if inflation stops according to the Confederation of Portuguese Farmers (CAP). The confederation’s president Eduardo [...]

The European Commission has approved Portugal’s extraordinary state support package regime worth €175 million to help companies that are energy intensive to meet their electricity bills. The [...]

Portugal’s Prime Minister António Costa has ruled out the scenario of a financial and energy crisis in Portugal and believes that the country can face the future with confidence. We will have a [...]

Iberia will strengthen its case as a world-leading hub for floating offshore wind as energy sector heavyweights descend on the Portuguese capital to direct the region’s future roadmap. Leaders [...]

Portugal’s energy giant posted a slight increase of 1.5% in profits to €518 million by September. While its operations in Portugal suffered a €181 million loss, the electricity company posted the [...]

Spain, France and Portugal have abandoned the MidCat gas interconnected project and have agreed on a green energy gas corridor. A new gas pipeline will link Barcelona to Marseille, Spain’s Prime [...]

CaixaBank BPI Equity Research has estimated that the tax on windfall profits made by Portuguese energy company Galp — profits made as a result of the energy crisis rather than from ordinary [...]

Portugal’s Secretary of State of Tourism, Trade and Services, Rita Marques appears to have broken ranks with the government by saying that a package of financial support to help companies pay [...]

The Portuguese petroleum and gas company Galp and Swedish lithium battery company NorthVolt have appointed Manuel de Sousa Martins as the CEO of the companies’ lithium joint-venture Aurora [...]